Awards & Accreditations

//Awards & Accreditations
Awards & Accreditations2020-12-18T11:18:52+00:00


Octaware Technologies Limited, demonstrating its excellence as the best in class software solution and service provider company, achieved yet another important milestone by bagging Project Management Institute (PMI) Awards 2020 under the category “Project of the Year – Contribution to the Community” for its Corporate Social Responsibility (CSR) project themed “Indo-US Cancer Aid – 2020”. This esteemed award recognizes and honors significant initiatives undertaken by organizations towards the community’s improvement and well-being through project management principles’ exemplary application.

The CSR Project Team of Octaware Technologies Limited has received this prestigious award in the virtual award ceremony organized by Project Management Institute (PMI) on 22nd November 2020.

The CSR Project team worked with NGO partner – RIDA Foundation, healthcare partner – Central Hospital, and education partner – Institute of Clinical Research India (ICRI) to create awareness about breast cancer in the people living in slums with insufficient resources and education. The project’s goal also included organizing the free diagnostic camp and providing treatment for people detected with cancer in 25 locations of Mumbai. The team used Project Management tools and techniques to execute the project efficiently and brought in innovation in project execution.

Learn more about the announcement made in the award ceremony at below link:

The Compliance team of Octaware Technologies Limited bagged the “Compliance 10/10 Award 2020” under the category “Excellence in Compliance (SME)” as a recognition of the important role played by SME’s and their contribution to the compliance ecosystem.

With over 1000 nominations across seven categories around the world, Octaware Technologies Limited was one of the three companies to receive this prestigious award. This award was received by Mr. Ankit Mehra, Compliance Officer of Octaware Technologies Limited, in a virtual award ceremony held on 10th October 2020.

We are extremely proud to receive the award, which reflects our ongoing commitment to corporate governance and endorsement of the best practices implemented through innovative digital compliance and audit solution. For more details, please find below the link to the announcement made during the virtual ceremony:

 IFFSA award

Octaware Technologies Limited won the IFFSA award under GOLD category, for its CSR project SAARTHI School for special children.

These awards were evaluated and assessed by panel of independent judges of repute.

The award was presented to our CEO – Mr. Aslam Khan on Tuesday 24th October 2017 at the Ramada Colombo Hotel in Sri Lanka.

Mr. Aslam Khan on the occasion gave a presentation on “Introduction to Blockchain and opportunities in Islamic Finance” which was well appreciated by the audience.

GREEN AMBASSADOR - Certificate of Appreciation

Congratulations ‘Octaware’-ians!! On getting the “GREEN AMBASSADOR” Certificate of Appreciation from the authorities at SEEPZ SEZ.

Octaware has demonstrated its leadership in Development commitments and Process Improvements by obtaining Capability Maturity Model Integration(CMMI) Level 3 CMMI-DEV Version 1.3

CMMI is a software development process improvement approach which has become the standard for measuring an organization’s capability to apply a process based methodology to software development. This approach integrates the entire spectrum of software development including software engineering, testing, and project management. CMMI helps integrate traditionally separate organizational functions, set process improvement goals and priorities, provide guidance for quality processes, and provide a point of reference for appraising current processes.

The CMMI certification is one of many milestones representing Octaware’s commitment to achieving high level of excellence in both software development and project management.

Octaware scores with IFFSA Awards 2016

Octaware scores with IFFSA Awards 2016 as recognized ‘Technology Provider of the Year’ for its notable work in the Banking and Finance industry
Octaware has been conferred with Gold Award for the ‘Technology Provider of the Year’ in the gold category by IFFSA Awards 2016 for its work as Islamic Finance Technology Provider of the year in Banking and Finance domain. Since its inception, Octaware Technologies has been working with the top Islamic Banks and Financial institutions of the Middle East region and produced successful works to name a few are Brokerage Management System, Real-time Messaging Middleware and Financial Information Regulatory Management System.

IFFSA presented its first installment in the Islamic Finance conference circuit presenting the 1st Annual IFFSA Awards ceremony this year. The IFFSA Awards acclaims recognition to the company that has made the most significant impact in the area of Information Technology, specific to the Islamic Finance industry.
Read our PR on winning the IFFSA 2016

Aslam Khan, has been conferred with the ‘Global Achievers Award 2015’ at the Global Achievers Summit 2015 in Dubai, UAE.

Global Achievers Foundation (GAF) is an international organization, committed to cement socio-economic ties in India and abroad. GAF organizes Global Achievers Summit that honour individuals, organizations and institutions of diverse fields for their significant and outstanding contributions and achievements in their respective industries. GAF holds this event every year and this year it has recognized the contribution of Mr. Khan towards business community, social entrepreneurship and corporate social responsibility.

Mr. Khan was conferred with ‘Global Achievers Award for Talented Personalities’ in recognition of his sterling merit excellent performance and outstanding contribution for the progress of the Nation and International on the occasion of Global Achievers Summit on promoting achievements that benefits economic and social development.

Octaware Technologies has been a platform where Mr. Khan unfurled his talent as an entrepreneur and a philanthropist since inception of the organization. Octaware has hitherto earned Red Herring Asia Top 100 Award in 2010, Deloitte Technology Fast 50 India in 2011, Stevies IBA Award in 2012, Global IT Architecture Excellence Award in 2013 and last but not the least, Global CSR Excellence and Leadership Award in 2014.
For more details, please visit our press releases at the following


Octaware Technologies is proud to share certification from NSIC-CRISIL for High Performance Capability & High Financial Strength, rating “SE-2A”. CRISIL evaluates the degree of capability and stability of the finances generated by the business. The stability of cash flow is dependent on the capability of the business and the quality of the management of the business. Since Octaware has strong capabilities that generate stable finances hence it has achieved CRISIL high ratings.

CRISIL is India’s first and largest rating agency having begun in ratings for large companies as early as 1987. CRISIL is a global analytical company providing ratings, research, risks and policy advisory services. They are pioneers in the concept of credit rating in India, and have rated over 50,000 entities, by far the largest number in India. The Indian Software industry displayed very high growth rates over the past decade. Rating and certification defined by organization like CRISIL help in mapping stability and growth potential of SME’s in India. Entities with high ratings usually have a strong organisational structure, high performance capability and good financial strength.

In this competitive industry, Octaware has strictly upheld and believed that performance capability, financial strength along with customer satisfaction are top priorities. Octaware is now in the process of further refining their initiatives and is making steady progress towards its next performance & financial improvement goals.
The Octaware high rating achievement has been covered by print and electronic media globally and been appreciated
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GLOBAL CSR Excellence and Leadership Award 2014

Octaware Technologies clinches the prestigious GLOBAL CSR Excellence and Leadership award 2014.

It’s with immense pleasure we announce that Octaware’s Corporate Social Responsibility was recognized at World CSR Congress and has bagged the “GLOBAL CSR Excellence and Leadership” award, joining the league of winners such as TATA Motors, Reliance, Jindal Group, Godrej, Phillips, TCS, HCL and SAP. The World CSR Congress brings over 130 countries under one roof to unite the best of the best and celebrate leadership in building a better society and making a better world.

Octaware Technologies Pvt. Ltd was awarded under the category “Contribution to Employment for Individuals with Disabilities” for its highly impacting CSR project encompassing its novel work of generating employment in IT Industry for blinds and visually impaired. The Award was presented on the occasion of World CSR Day by Mr. Bhaskar Chatterjee, Director General of Institute Of Corporate Affairs, Ministry of Corporate Affairs, Govt. of India, in Taj Land Hotel in Mumbai on 18th February 2014.

We are extremely proud to receive the award which reflects the impact that our Credo has on the way we operate our businesses and interact with society as a whole.

We would like to thank our friends, well-wishers and partners helping us to make our CSR vision a reality.

Global IT Architecture Excellence Award 2013

Octaware Technologies clinches the prestigious iCMG Global Architecture Excellence Award.

Octaware Technologies has emerged as the winner of the “Global IT Architecture Excellence Award” in the “Best Software Architecture in IT Products” category at the iCMG Enterprise & IT Architecture World 2013 event held on 19th September 2013 at the Le Meridien, Bangalore, India.

iCMG Enterprise and IT Architecture Awards for Excellence 2013 rewards exceptional work in Enterprise Architecture across the globe.

Octaware Technologies has been recognised for its unique approach to develop web based software product for healthcare industry using Zachman framework.

There were a total of 150 entries shortlisted from 27 countries, which were selected after three rounds of intense scrutiny and evaluation. Octaware Technologies was the sole winner in the Software Architecture in IT Products category, for the nomination of their Healthcare Management Solution – Hospice®. Some of the winners in other categories included leading corporates such as Intel Corporation, Ernst & Young, SAP AG, P&G, Vodafone, Tech Mahindra and Cathay Pacific Airways.

Global IT Architecture Excellence Award 2013 is the latest among many awards and recognitions that Octaware Technologies has won so far. They include the prestigious Stevie International Business Award 2012, Deloitte Technology Fast 50 India 2011 and Red Herring Top Asia 2010.

Octaware Technologies winner of “Stevie IBA Award 2012” declared as “Most Innovative Company of the Year” and gets a Silver Award.

Octaware Technologies has been conferred with the “Stevie IBA Award 2012”, a prestigious award honoring the year’s most recognized and promising technology companies across the globe. Octaware has been won the Silver Award and has been recognized as the “Most Innovative Company of the Year”.

Octaware has the distinction of being one of the only five Indian companies to have won this award. It would be interesting to know that IT giant Infosys has won with Gold Award under another category as “Company of The Year”.

Close on the heels of winning The Deloitte Technology Fast 500 Asia Pacific just less than a year back and The Deloitte Technology Fast 50 India Award and the Red Herring Asia Top 100 Award earlier, this comes as an eventful recognition by the industry of Octaware’s technology prowess, vision and leadership and that all are progressing in the right direction.

Octaware Technologies has been conferred with the “Deloitte Technology Fast 500 Asia Pacific 2011” award, a prestigious award honoring the year’s most promising public and private technology ventures in the region.

This award was presented in recognition of Octaware’s significant achievement, commitment to technology and commendable efforts towards implementing industry best practice, at a celebrated function in Hong Kong.

At a significant function in Hong Kong on 01st December,2011, Deloitte announced its “Deloitte Technology Fast 500 Asia Pacific 2011 Award” synonymous with one of the finest in the industry of Software, Biotechnology, Semiconductors, Computers/Peripherals, Media and Telecommunication where Octaware Technologies attained a ranking of 278th in the exclusive list of top 500 companies in the Asia Pacific region.

This award was presented in recognition of the achievements of leading public and private companies from India, celebrating these emerging companies’ technical prowess across the respective industries. The Deloitte Technology Fast 500 Asia Pacific Program is the region’s most objective industry-ranking standard created to recognize the effort and dedication of the top 500 fastest-growing technology companies in Asia Pacific region.

Close of the heels of winning the Deloitte Technology Fast 50 India Award where we secured the 21st Rank just about a month back and having won the Red Herring Asia Top 100 Award just last year, this completes the hat-trick for Octaware.

Winning the ‘Deloitte Technology Fast 50 India 2011’ award, Octaware is now in the exclusive league of the Top 50 fastest growing Technology Company in India.

The Technology Fast 50 India pre-eminent technology awards program is a ranking of India’s 50 fastest-growing technology companies based on overall company performance over a period of three years. This program continues to be sought out by technology companies all over India.

Close on the heels of winning another prestigious award “Red Herring Asia Top 100” Award just last year in November,2010, being recognized as one of the emerging companies from the top 100 emerging technology companies in Asia, this is another shot in the arm for Octaware, where it has received the recognition as being one of the Top 50 fastest growing Technology companies in India.

This has all been the result of the continuous team efforts of our Octaware family members known in general terms as our employees and the able leadership of the management who have been leading from the front.

Octaware wins Red Herring Top 100 Asia Award
Octaware has won the laurels of being acknowledged as Asia’s Top 100 upcoming Tech Start-up, an honour previously shared by the likes of Google, Skype, FaceBook, etc. In the fiercely competitive industry we were able to beat competition from many countries including India, China, Australia, Japan, Singapore, Hong Kong, Korea, Vietnam etc.The event was widely covered and publicized.

At a power-packed function in Shanghai on 16th November,2010, Red Herring announced its Top 100 Asia Award in recognition of the leading private companies from Asia, celebrating these start-ups’ innovations and technologies across their respective industries.

Red Herring’s Top 100 Asia list has become a mark of distinction for identifying promising new companies and entrepreneurs. Former winners such as Google, eBay, Skype, Facebook, and YouTube were discovered early on by Red Herring, who identified the potential of these companies as future Technology leaders changing the way we work and grow.

Hundreds of Technology companies across Asia including India, China, Australia, Japan, Singapore, Hong Kong, Korea, and Vietnam had submitted their applications for the prestigious award this year. A stringent review process, saw the short-listing of Finalists and after a further rigorous evaluation Octaware Technologies was announced as a winner.

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of start-ups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Asia.



Octaware is an ISO 9001:2008 certified company.ISO 9001 is a quality management standard which applies to all types of organizations. It helps both product and service organizations achieve standards of quality that are recognized and respected throughout theworld.

ISO/IEC 27001:2005, part of the growing ISO/IEC 27000 family of standards, is an Information Security Management System (ISMS) standard published in October 2005 by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). Its full name is ISO/IEC 27001:2005 – Information technology — Security techniques — Information security management systems — Requirements.

ISO/IEC 27001 formally specifies a management system that is intended to bring information security under explicit management control. Being a formal specification means that it mandates specific requirements. Organizations that claim to have adopted ISO/IEC 27001 can therefore be formally audited and certified compliant with the standard.